Version-3 (Jan-Feb 2016)
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| Paper Type | : | Research Paper |
| Title | : | Interest Rate Risk Management: A Comparative Study of Bank of Baroda and ICICI Bank |
| Country | : | India |
| Authors | : | M Guru Santhosh || Prof V N Prakash Sharma |
Abstract: The Indian banking sector is exposed to various types of risks such as liquidity risk, interest rate risk, credit risk, exchange risk etc. which affects the bank's Net Interest Income (NII) which is the basic source of a bank's profitability. The phased deregulation of interest rates and the operational flexibility given to banks in pricing most of the assets and liabilities have exposed the banking system to Interest Rate Risk (IRR).This study is aimed at measuring the interest rate risk in Bank of Baroda and ICICI bank using the traditional gap analysis model. The findings revealed that the banks were exposed to Interest Rate Risk (IRR).
Keywords: Interest rate risk, Net Interest Income
[1]. Dr. Shashi Srivastava and Dr. Divya Srivastava, Interest Rate Risk Management: A Comparative Study of State Bank of India and ICICI Bank, International Journal of Management and Social Sciences Research (IJMSSR), Volume 4, No. 7, July 2015.
[2]. M Guru Santhosh and Prof V N Prakash Sharma, Interest rate Risk Management: A comparative study of State Bank of India and HDFC bank, International Journal of Science Technology and Management (IJSTM), Volume 05, Issue No 1, January 2016.
[3]. Padmalatha Suresh and Justin Paul, Management of banking and financial services (India, Pearson, 2015).
[4]. Dr. B. Charumathi, Asset Liability Management in Indian Banking Industry - with special reference to Interest Rate Risk Management in ICICI Bank, Proceedings of the World Congress on Engineering 2008 Vol II WCE 2008, July 2 - 4, 2008, London, U.K.
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| Paper Type | : | Research Paper |
| Title | : | The Impact of Institutional Ownership on the Performance of Companies Listed In the Egyptian Stock Market |
| Country | : | Egypt |
| Authors | : | Mohamed Masry |
Abstract:The pharmaceutical industry has grown multi fold over the past few years. The globalization of the
financial markets and the upsurge mount of lifestyle diseases in addition to the advancements in education
levels have given a boost to the industry. Several eminent mergers and acquisitions have been witnessed in the
Indian pharmaceutical sector. Mergers and acquisitions are widely used tools today by the firms to fortify and
uphold their position in competitive market place. The paper examines the impact of two significant acquisitions
in the recent past in the pharmaceutical sector considering the acquisition of Ranbaxy Laboratories Limited by
Daiichi Sankyo Company, Limited and Piramal Healthcare Limited by Abbott Laboratories on the acquiring
firms respectively to inspect whether the deal led to a profitable situation or not.
[1] Blume, M.E. and Keim, D.B. Institutional investors and stock market liquidity: trends and relationships. (2012).Available at SSRN 2147757.
[2] Masry, Mohamed, The impact of ownership duality on firm performance in Egypt. International Journal of Accounting and Taxation, 3(1), 2015b, pp. 54-73. ISSN: 2372-4978 (Print), 2372-4986 (Online).
[3] Yuan, R., Xiao, J.Z. and Zou, H. Mutual Funds‟ Ownership and Firm Performance: Evidence from China. Journal of Banking & Finance. 32, 2008. pp.1552-1565.
[4] Elyasiani, E., and Jia, J, Distribution of Institutional Ownership and Corporate Firm Performance. Journal of Banking & Finance.34, 2010, pp. 606-620.
[5] David, P., and Kochhar, R, Barriers to Effective Corporate Governance by Institutional Investors: Implications for Theory and Practice. European Management Journal. 31, 1996, pp. 457-466.
[6] Cornett, M.M., Marcus, A.J. Saunders, A.,and Tehranian, H, The Impact of Institutional Ownership on Corporate Operating Performance. Journal of Banking and Finance. 31, 2007, pp. 1771-1794.
[7] Yuan, R., Xiao, J.Z. & Zou, H. Mutual Funds‟ Ownership and Firm Performance: Evidence from China. Journal of Banking and Finance. 32, 2008, pp. 1552-1565.
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| Paper Type | : | Research Paper |
| Title | : | Evaluation of the Composition of Developmental Assistance: A Case Study of Tribal Regions in Gujarat (India) |
| Country | : | India |
| Authors | : | Dr. Satyajeet S Deshpande |
Abstract: Most of the income and employment generation programs funded from the Special Central Assistance (SCA) in the tribal regions of the state of Gujarat in India revolve around agriculture. However, the conditions required for the success of these agriculture-oriented programs in the region are absent. Landlessness, inadequate irrigation and poor soil quality are the three major drawbacks. Surprisingly, less importance has been given to the allied-activities like poultry- farming, livestock rearing, tourism and skill-training-programs. In the context of the above paradox, the current paper aims at evaluating the rationality and efficacy of the scheme-wise composition of SCA with special reference to the state of Gujarat. The paper suggests an area-specific approach rather than a generic obsession towards agriculture oriented programs.
Key-Words: Rural Development, Scheduled Tribes, Special Central Assistance (SCA), Tribal Sub Plan (TSP), Tribal Development
[1]. Chauduri, Sarit Kumar (2000), Constraints of tribal development, A Mittal Publications
[2]. Deogaonkar, Shashashishekar Gopal (1980), Problems Of Development Of Tribal Areas, Leeladevi Publications
[3]. Joshī Vidyut (1998), Tribal Situation in India: Issues in Development- with Special References to Western India, Rawat Publications
[4]. Mathur, Hari Mohan (1976), Development Administration in Tribal Areas. HCM State Institute of Public Administration
[5]. Mehta Basant (2000), Dynamics of Tribal Development, Prakash Chandra Mehta, Anmol Publications.
[6]. Rath Govind Chandra (2006) Tribal Development in India: The Contemporary Debate, SAGE Publications
[7]. Sharma, B.D. (1978) Tribal Development: The concept and the frame. New Delhi: Prachi Prakashan
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| Paper Type | : | Research Paper |
| Title | : | Impact of Foreign Aid on Growth of African Nations |
| Country | : | India |
| Authors | : | Debasis Patnaik Ph.D || Rishab Goel |
Abstract: African nations and economies interact for providing environment for foreign investment. Rich in natural resources and abundant labor and land, there is need to discover areas of synergy between Africa and India for mutual growth and development. This paper attempts to areas of co-operation that need to be harnessed for future growth and build up an egalitarian society. Economic indicators like per capita GDP, household expenditure, capital formation, foreign reserves, domestic savings, foreign investment, net trade, income payments, external debt is used. External debt has strong co-relationship with the increase in foreign aid as evident from the values of various elasticities calculated. Kenya Uganda, Nieria Ethiopia is used for a 10year period from 2000-2009.
Keywords: Bilateral Aid, trade, FDI, Capital formation, gross savings, household final consumption expenditure
[1]. AbdulNasser Hatemi-J and Manuchehr Irandoust(2004), "Foreign Aid And Economic Growth: New Evidence From Panel Co-integration", Perspectives on Federalism Vol.30 No. 1, Pg: 71-80 [2]. The Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata(2011), "Export import Data Bank" under the Ministry of Commerce, Government of India
[3]. Donald L. Sparks(2011), "India and China‟s growing economic involvement in sub-Saharan Africa", Journal of African Studies and Development Vol. 3 No. 4 Pg: 65-75
[4]. Dr. Heiner Hänggi(2000), "Interregionalism: empirical and theoretical perspectives" presented at the workshop "Dollars, Democracy and Trade: External Influence on Economic Integration in the Americas"
[5]. Emmanuele Pollio (2008), "The Indian and Chinese Policies towards Africa: A veritable challenge to EU led inter-regionalism", Perspectives on Federalism Vol.16 No. 2, Pg: 32-48
[6]. Eno L. Inanga, Etah Mandah(2008), "Foreign Aid Finance and Economic Development: The Case of Two Foreign Aid Financing Agencies in Zambia", International Research Journal of Finance and Economics Vol.14, Pg: 322-358
[7]. Girijasankar Mallik(2008), "Foreign Aid and Economic Growth: A Cointegration Analysis of the Six Poorest African Countries", Economic Analysis & Policy Vol.38 No. 2, Pg: 251-260
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| Paper Type | : | Research Paper |
| Title | : | A Brief Study on Indian Ecommerce |
| Country | : | India |
| Authors | : | Subhamoy Bhaduri |
Abstract: India is one of the key economies of the world and till date its primary mode of transaction is still
'Cash' or 'Paper Cheques'. But in last 3-4 years there is clear indication that mode of transaction is shifting
towards electronic form. This paper tries to find out growth potential of Indian eCommerce and its challenges.
It also deals with digital marketing trends and payment mechanisms that simplify eCommerce payments and the
government patronage in form of 'Digital India' initiative.
Keywords: eCommerce, Digital Marketing, Digital India, Internet, Payment Mechanism
1] http://www.internetlivestats.com/, http://www.emarketer.com/
[2] PwC Analysis [www.pwc.in/assets/]
[3] PwC Analysis [www.pwc.in/assets/]
[4] PwC Analysis [www.pwc.in/assets/]
[5] PwC Analysis [www.pwc.in/assets/]
[6] PwC Analysis [www.pwc.in/assets/]
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| Paper Type | : | Research Paper |
| Title | : | Loan Risk (LR), Loan Risk Management (LRM) and Commercial Bank Profitability: A Panel Analysis of Nigerian Banks |
| Country | : | Nigeria |
| Authors | : | Ogbuagu, Uchechi Rex || Udoh, Elijah || Udoh, Fond M |
Abstract: The study aimed at examining the risk management strategies of Nigerian commercial banks,
components of effective loan management system and the effects of loan risk management (LRM) on profitability
of commercial banks in Nigeria. Data were drawn from annual reports of fifteen banks, the Central Bank of
Nigeria statistical bulletin and the Nigerian Stock Exchange. Based on standard economtric techniques of
balanced panel regression, the result showed that; loan risk and loan risk management have a high causality
and significant relationship with parameters of bank profitability. Similarly, increase in Default Rate (DR),
Capital Adequacy Ratio (CAR) and Cost per Loan Asset (CLA) increases Loan Risk. The study recommends that
bank should adopt different strategies of loan risk for effective LRM and increased profitability.
Keywords: Bank, Profitability, Loan Risk, Loan Risk Management, Nigeria.
[1]. T. Van Gestel, and G. Baesens, Credit Risk Management: Basic Concepts, Financial Risk Components, Rating Analysis, Models,
Economics and Regulatory Capital, Oxford University Press, 2008, 1-55.
[2]. A. M. Santomero, Commercial bank risk management: An Analysis of the process, Financial Institution Centre, Wharton, 1996.
[3]. T. F. Kolapo, R. K. Ayeni, and O. M. Oke, Credit risk management and commercial banks performance in Nigeria: a panel model
approach, Australian Journal of Business & Management Research, 2(2), 2012, 31-38.
[4]. Nepal Rastra Bank, Risk management guideline, Bank Supervision Department, July, 2010.
[5]. K. Njanike, The impact of effective credit risk management on bank survival, Annals of the University of Petrosani, Economics,
9(2), 2009, 173-184.
[6]. Central Bank of Nigeria (CBN), Global financial meltdown and reforms in the Nigerian banking sector, CBN Governor‟s speech,
delivered at ATBU convocation, Bauchi, December 10, 2010, www.cenbank.org.
[7]. O. Awojobi, R. Amel, and S. Norouzi, S., Analysis of risk management in banks: evidence from bank efficiency and
macroeconomic impact, MPRA, 2011, 33590.
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| Paper Type | : | Research Paper |
| Title | : | Factors Influencing Customer's Behavioral Intention to Adopt Islamic Banking in Northern Nigeria: a Proposed Framework |
| Country | : | Malaysia |
| Authors | : | Muhammed Mamman || Ahamad Faosiy Ogunbado || Abu Sufian Abu-Bakr |
Abstract: Several factors have been suggested to explain factors that influence customer's intention to adopt
Islamic banking. To date, some of this factors that have been considered includes, credibility, confidentiality,
quick service, religious, service quality, product, trust, among others. Despite these studies, however, few
studies have attempted to consider the influence of behavioral intention and adoption of Islamic banking. Even
if any, they have reported inconsistency findings. Therefore, a moderating variable is suggested. This paper
proposes market maven as a potential moderator on the relationship between behavioral intentions and
adoption of Islamic banking.
Keyword: Behavioral intention, Attitude, Subjective norm, Market maven, Perceived Behavioral Control
[1]. Abdalla, K. (2012). Islamic Banking and Economic Growth : A Review. Islamic Banking and Economic Growth: A Review El-
Galfy, 28(5), 943–955.
[2]. Abdullahi, N.I. & Dusuki, A. W. (2006). Customer‟s perception of Islamic Hire purchase facility in Malaysia; An empirical analysis
IIUM. Journal of Economic & Management, 14(2), 177–204.
[3]. Ahmed G. 14 banks record #305billionq2 profit. R. Paper Presented at Postgraduate Colloquium (IBS).
[4]. Ajzen, I. (1991). Organizational Behavior and Human Decision Processes.50, 179–211.
[5]. Ali, S., Zani, R., & Kasim, K. (2014). Intention – Behaviour Relations : A Conceptual and Literature Review, 5(19), 168–178.
[6]. Ameer, I. (2013). Consumer attitude towards Islamic financing Iran. International Journal of Management and Technology, 3(10),
187–195.
[7]. Amin, H. (2008). Choice criteria for Islamic Home financing; Empirical investigation among Malaysia bank customers.
International Journal Housing Markets and Analysis.1 (3), 256–274.
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| Paper Type | : | Research Paper |
| Title | : | The Role of Education in Female Labor Force Participation in Nigeria |
| Country | : | Nigeria |
| Authors | : | Kadir Nagac || Hauwa Shuaibu Nuhu |
Abstract: Labor force participation of females in developing countries has been the subject of many studies
recently. In countries like Nigeria, labor force participation and employment sector of females has been
changing as more females get education. In this study, we analyze the effect of education on the labor force
participation of females in Nigeria. By using the General Household Survey of 2013 we study labor force
participation decision of females. After controlling for socio-demographic factors and utilizing a logit model,
we find that effect of education on female labor force participation fallows inverse "U shape" pattern. Labor
force participation increases up to high school but then decreases with a higher education degree.
Keywords: Female Labor Force Participation, Logit Model, Household Survey
[1]. Ackah,C., Ahiadeke, C. and Fenny A. P. (2009) "Determinants of Female Labour Force Participation in Ghana", the Institute of
Statistical, Social and Economic Research, University of Ghana.
[2]. Adekanye T. O (1981) Women and Agriculture in Nigeria, United Nations Economic Commission for Africa, Addis-Ababa.
[3]. Aromolaran, A (2004): "Female Schooling, Non-Market Productivity, and Labor Market Participation in Nigeria" Economic
Growth Centre, Discussion Paper 897, Yale University, USA.
[4]. Bibi A. and Afzal A., (2012). "Determinants of Married Women Labour force participation in Wahcantt: A descriptive analysis".
Academic Research International vol. 2, No. 1, January 2012.
[5]. Fadayomi, T.O, Ogunrinola, I. Oluranti. Determinants of labor force participation in Nigeria: The Influence of Household Structure;
Department of Economics and Development Studies, Covenant University, Nigeria.
[6]. Faridi, M. Z., Chaudhry, I. S. and Malik, M.S. (2011). Why Women are Self-Employed: Empirical Evidence from Pakistan.
International Journal of Economics and Finance Vol. 3, No. 1; 198.
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| Paper Type | : | Research Paper |
| Title | : | Empowerment of Women through Panchayati Raj Institutions in Rural Area of Mandi District of Himachal Pradesh: An Empirical Investigation |
| Country | : | India |
| Authors | : | Dr. Sanjeet Singh |
Abstract: It is widely accepted that self governing institutions as the local level are essential for national growth and for effective people participation and that they are an integral and indispensable part of the democratic process. Grass roots of Democracy which is based on small units of government, enables people to feel a sense of responsibility and to inculcate the values of democracy. At the same time it also offers a unique opportunity to participate in public affairs, including development work. In a vast, diverse and complex, subcontinent, decentralization is also a political and administrative imperative. Self governing rural local bodies are described in the Indian context as institutions of democratic decentralization or Panchyati Raj. This was considered a political and..........
[1]. Agnihotri, Simmi and Singh, Vijay (2014), "Women Empowerment Through Reservation in Panchayati Raj Institutions in Himachal Pradesh" Indian Journal of Public Administration, Vol. LX, No. 3, July,September.
[2]. Chaudhari, R(2007), Gender in Decision Making, Ritu Publication, Jaipur.
[3]. Das, Suchitra (2014), "Women Participation in Panchayati Raj" A Case study of Karimganj District of Assam "International Journal of Humanities and Social Sciences (IJHSS) Vol. 1, issue 1, July.
[4]. Desai, P and Thakkar, U (2001), Women Empowerment through Panchayati Raj, National Book Trust,Delhi, India.
[5]. Government of India, Census of India,(2011), Himachal Pradesh. Serieso-7 Part-2, General Population Tables, Ministry of home Affairs, New Delhi..